Cloudflare (NYSE: NET) is a technology company that deals in security, cloud, application and network services. Cloudflare provides fast latency and wide distribution within its network of products. It is down roughly 30% from its recent peak but is still clocking in impressive growth in revenue, margins, and earnings. It is not profitable on a GAAP basis but is generating a good amount of cash flow from operations. Cloudflare is poised to benefit from the AI and cloud computing megatrends with its portfolio of products such as its Edge computing platform. Customers currently entangled in its network could benefit from new applications and services. Cloudflare is expanding into new businesses and their ever-growing total addressable markets.
Market Cap: $39bn
Sales (TTM): $1.67bn
Net income (TTM): -$78m
Cash (MRQ): $1.86bn
Debt (MRQ): $1.46bn
Guidance for 2025:
Revenue: $2,090-$2,094bn (25% YoY growth)
EPS: $0.79-$0.8 (from -$0.23 TTM)
*I own and recommend shares of Cloudflare*
Devlin Demontigny 